Shaw Contract, the global commercial division of the US-based Shaw Industries Group Inc., has launched the first-of-its-kind India In Stock Program. The new initiative is designed to hold ready inventory so that India-based customers can explore a wide variety of Shaw Contract’s product collections and crunch the time needed to meet the rapid timelines of the Indian market.
Welspun One Logistics Parks (WOLP) has launched its maiden 110 acre Grade-A warehousing park with a leasable area of 3.2 million sq ft and an estimated investment of Rs 9 billion (US$ 120 million) in Bhiwandi – a key warehousing market in Mumbai Metropolitan Region (MMR), India’s largest consumption centre.
The current pandemic has brought hard economic challenges, forcing many workers and equipment to be idle. Unfortunately, this could have long-term effects months or years after markets open up. Industries must do what they can now to make the most of this difficult situation and retain value where possible. An important key is to protect idle assets from corrosion, so equipment is ready to start up quickly when workers come back on the job.